JOURNAL ARTICLE
The 'Sell America' trade inflicted 'lasting damage' on the U.S. dollar, ING says.
Published In: Fortune.com, 2026. P. N.PAG 1 of 3
Database: Business Source Ultimate 2 of 3
Authored By: Edwards, Jim 3 of 3
Abstract
The article discusses the decline of the U.S. dollar despite a growing economy, with an annualized GDP growth rate of 4.4% and decreasing inflation. Over the past year, the dollar has depreciated by 9.4% against a basket of foreign currencies, including significant losses against the British pound and euro, despite the U.S. economy's apparent strength. Analysts attribute this decline to rising unemployment, weak job creation, and expectations of interest rate cuts by the Federal Reserve, which may lead investors to favor other currencies and assets. The article highlights the ongoing "Sell America" sentiment among traders, indicating a lack of confidence in the dollar's future value. [Extracted from the article]
Additional Information
- Source:Fortune.com. 2026/02, pN.PAG
- Document Type:Article
- Subject Area:History
- Publication Date:2026
- Accession Number:191636863
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